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Dec 6, 2012
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CURRENT
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even george w. bush had a speech yesterday where he was talking about the importance of immigration and you know, obviously rubio has been saying that but if they continue down this path they've been on, it is over for them. 2016, we have a new poll for hillary clinton or at least testing the waters as "the washington post," abc news poll, not her testing the waters but them. a poll showing 57% of americans support a presidential run by clinton. 37% oppose it. how much time off do we give her after she steps down from being secretary of state before we start to read the tea leaves? >> we're reading them now. >> jennifer: i totally agree with you. >> i'm a secret delegate for the 2016 democratic national convention. my first choice is hillary clinton. i think she's the front-runner amongst the colleagues i've talked to. dozens of my colleagues since the election. she's a front-runner. i think you give her about six months. >> jennifer: that's exactly what i said today. six months. then we start -- al
even george w. bush had a speech yesterday where he was talking about the importance of immigration and you know, obviously rubio has been saying that but if they continue down this path they've been on, it is over for them. 2016, we have a new poll for hillary clinton or at least testing the waters as "the washington post," abc news poll, not her testing the waters but them. a poll showing 57% of americans support a presidential run by clinton. 37% oppose it. how much time off do we...
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Dec 6, 2012
12/12
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george w. bush signed in a phase-out of the estate tax. the top rate stays at 55%. the exemption level started rising from $1 million and going up. it was repealed completely in 2010 for one year. then it sprang back to life as part of the extension of the bush tax cuts that president obama signed into law. you have a debate -- very few members dispute that it needs to be continued. the debate is over whether you continue it at the current level. there is an exemption level, $10 million for a couple. or at the white house would prefer a 45% rate. that is the debate right now. there's a split among democrats. the white house wants a less generous estate tax. red-leaning states like max baucus. host: that was the headline recently in "the wall street journal," showing the senators. at its highest, what was the estate tax? how many people did the estate tax affect? guest: we are talking tens of thousands. right now it affects 3000 estates. the exemption level is set high historical novel. it has come down significantly. big argument from conservatives is it hits small
george w. bush signed in a phase-out of the estate tax. the top rate stays at 55%. the exemption level started rising from $1 million and going up. it was repealed completely in 2010 for one year. then it sprang back to life as part of the extension of the bush tax cuts that president obama signed into law. you have a debate -- very few members dispute that it needs to be continued. the debate is over whether you continue it at the current level. there is an exemption level, $10 million for a...
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Dec 6, 2012
12/12
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FOXNEWSW
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wasn't he then in favor of also continuing the george w. bush tax cuts? >> brian: for everybody. >> gretchen: for everybody. folks, this is all going back to the campaign. it was all about getting elected and saying the right things then and saying what he probably really believes now. >> steve: but it also has a lot to do with what the american people are being told. how many outlets are you going to see that sound bite where you can see clearly the president of the united states completely did a 180. you might hear it on talk radio. it's the same reason we're hearing so much in the main stream media, but we got to raise taxes. you don't hear so much about we're in a gigantic hole with it comes to spending. it's one of the things we have done here at fox news channel since we signed on, what, 16 1/2 years ago. you can trust us to try to do the best to tell the truth. and that is where we are today. >> gretchen: we also give you the headlines. we'll start with a fox news alert. just over an hour ago, kate middleton was released from the hospital. you can
wasn't he then in favor of also continuing the george w. bush tax cuts? >> brian: for everybody. >> gretchen: for everybody. folks, this is all going back to the campaign. it was all about getting elected and saying the right things then and saying what he probably really believes now. >> steve: but it also has a lot to do with what the american people are being told. how many outlets are you going to see that sound bite where you can see clearly the president of the united...
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Dec 6, 2012
12/12
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w. host: the president yesterday spoke about the debt ceiling and is tied to the fiscal cliff negotiations. [video clip] >> i have to tell you that is a bad strategy for america, a bad strategy for our businesses, and it is not a game that i will play. most of you were involved in discussions and watched the catastrophe that happened in august of 2011. everybody here is concerned about uncertainty. there is no uncertainty like the prospect that the largest economy that holds the world's reserve currency potentially defaults on its debts, that we give out the basic notion that the united states stands behind its obligations. we cannot afford -- host: whil"the wall street journal." guest: the president does not want to negotiate with the republicans on the debt ceiling. that is like giving a son or daughter a credit card to do with it as they want freely. i think the president has to admit that both sides have tried to break measures and legislations to the table that would reduce the debt
w. host: the president yesterday spoke about the debt ceiling and is tied to the fiscal cliff negotiations. [video clip] >> i have to tell you that is a bad strategy for america, a bad strategy for our businesses, and it is not a game that i will play. most of you were involved in discussions and watched the catastrophe that happened in august of 2011. everybody here is concerned about uncertainty. there is no uncertainty like the prospect that the largest economy that holds the world's...
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181
Dec 6, 2012
12/12
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CURRENT
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many made a public plea to george w. bush not to enact these tax cuts. they said it would woesen the budget deficit, decrease quality, and fail to produce economic growth. well what happened? [ bell chimes ] >> stephanie: exactly that. [ ♪ patriotic music ♪ ] >> stephanie: since then the budget deficit has ballooned, the economy has spiraled into the greatest decline since the great depression history has proved that 450 economists were exactly correct. this could push the american economy off of a fiscal cliff, am i missing something here? can it be such a bad thing. not really said the cbo. if congress extents current policy the debt and deficit will increase slowing the economy and dramatically increasing interest costs. because of the deal congress and the president made last year it be result in across the board budget reductions still there will be no decreases in social security medicare and veteran's benefits. defense spending would take a big hit, but because of a windown in afghanistan some military leaders are asking for less than congress
many made a public plea to george w. bush not to enact these tax cuts. they said it would woesen the budget deficit, decrease quality, and fail to produce economic growth. well what happened? [ bell chimes ] >> stephanie: exactly that. [ ♪ patriotic music ♪ ] >> stephanie: since then the budget deficit has ballooned, the economy has spiraled into the greatest decline since the great depression history has proved that 450 economists were exactly correct. this could push the...